Trivium Point Advisory LLC Buys Shares of 8,077 Exelon Corporation $EXC

Trivium Point Advisory LLC bought a new stake in shares of Exelon Corporation (NASDAQ:EXC) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,077 shares of the company’s stock, valued at approximately $351,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. GAMMA Investing LLC grew its holdings in shares of Exelon by 5,746.1% during the first quarter. GAMMA Investing LLC now owns 910,126 shares of the company’s stock worth $41,939,000 after purchasing an additional 894,558 shares in the last quarter. NBC Securities Inc. grew its holdings in shares of Exelon by 106,370.0% during the first quarter. NBC Securities Inc. now owns 21,294 shares of the company’s stock worth $981,000 after purchasing an additional 21,274 shares in the last quarter. Merit Financial Group LLC grew its holdings in shares of Exelon by 266.6% during the first quarter. Merit Financial Group LLC now owns 19,935 shares of the company’s stock worth $919,000 after purchasing an additional 14,497 shares in the last quarter. Sentry Investment Management LLC purchased a new position in shares of Exelon during the first quarter worth about $148,000. Finally, Hennion & Walsh Asset Management Inc. grew its holdings in shares of Exelon by 19.1% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 47,546 shares of the company’s stock worth $2,191,000 after purchasing an additional 7,617 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Up 0.1%

Shares of EXC opened at $45.06 on Thursday. The firm has a market cap of $45.51 billion, a P/E ratio of 17.13, a P/E/G ratio of 2.64 and a beta of 0.40. The stock has a 50 day simple moving average of $44.13 and a two-hundred day simple moving average of $44.22. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.95 and a quick ratio of 0.85. Exelon Corporation has a 1 year low of $35.94 and a 1 year high of $48.11.

Exelon (NASDAQ:EXC) last issued its earnings results on Thursday, July 31st. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.02. The business had revenue of $5.43 billion during the quarter, compared to analyst estimates of $5.47 billion. Exelon had a return on equity of 9.85% and a net margin of 11.16%.Exelon’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.47 earnings per share. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Monday, August 11th were given a $0.40 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.60 annualized dividend and a yield of 3.6%. Exelon’s payout ratio is presently 60.84%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on EXC shares. Morgan Stanley cut their price objective on Exelon from $50.00 to $49.00 and set an “equal weight” rating for the company in a report on Thursday, September 25th. UBS Group reissued a “neutral” rating and set a $48.00 price objective (up previously from $47.00) on shares of Exelon in a report on Friday, July 11th. Finally, KeyCorp cut their price objective on Exelon from $39.00 to $37.00 and set an “underweight” rating for the company in a report on Wednesday, July 16th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Exelon currently has a consensus rating of “Hold” and an average price target of $47.44.

Exelon Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.